business!

Ocean < City's 9.9 Pet. Top Money Market Rate

By JOSEPH R. ZELNIK Cape May County's financial institutions last week continued to resist breaking The double-digits in the interest ratte they're paying on the popular insured money market savings accounts. Although the 13-week U.S. Treasury Bills have

approached the 11 percent interest rate, and were paying 10.39 percent last week. Ocean City Hone Savings ft Loan was tops in the county with a 9.9 percent rate that it has been paying since mid-July. It also is paying the county's top rate on the socalled Suner Now — insured money market account with unlimited

checking — with a 9.17 percent interest rate. That's 1 1-2 percent higher than i much of the coca petition i < First Savings ft Loan was 1 second with its 9.75 percent rate on the insured money 1 market deposit account. i It'f; been second since 1 April, after having been I highest for a year before I that. I t - * 4

But Crest Savings ft fourth-highest last month, resumed its third spot with a 9.4 percent rate, edging Sturdy Savings ft 9.35. First Jersey National Bank South, with its LLA account, and Citizens United Bank are the only two financial institutions in the county not paying at least 9 percent on the account. They were paying 8.85 and 8.5, respectively, last week. The insured money market account requires a $2,500 minimum and permits a maximum of six transactions a month, three of them checks. The interest rates change i i

weekly, being made by t "management decision" ( no ooe any longer is linked 9 to the T-bill rate, as most were when the T-Bill was E paying less interest). Savers can get current E rates only by calling the S institutions. Following list, in 1 alphabetical order, gives last week's money market 9 interest rates followed by the Super Now interest rates paid by the county's 9 15 financial institutions. Anchor Savings & Loan, 9 9.1, 7.5. Cape May County Sav- ii ings ft Loan. 9.25, 6.5 Citizens United Bank, 9 8^, 7. fCollective Federal Sav- 9

ings ft Loan, 9.25, 8.25. Crest Savings ft Loan, 8.4. First Fidelity Bank/South, 9.32, 7.65. First Jersey National GMMA, 9, no Now LLA, 8.85, 6.77. First National Bank of River, 9.2S, 8. First Savings ft Loan, 8.9. Heritage Bank, 9.25, 7.75. Marine National Bank, 9.15, 7.4 Midlantic Union Trust, 9.1, 7.6 Ocean City Home Savft Loan, 9.9, 9.17. Security Savings ft Loan. 9 .25, 7.5. / Sturdy Savings ft Loan, 9.35, no Super Now.

Business Workshop Scheduled f "

COURT HOUSE - On 4 Saturday, the Cape May County Library, in cooperation with the U.S. Small Business Administration, the Com-

munity Accountants, SCORE (Service Corps of Retired Executives), ACE (Active Corps of Executives) and the Cape May County Chamber of

Commerce is sponsoring a 1 FREE worshop on Starting " I and Managing Your Own ' Small Business. ' < The workshop will be held 9 a.m. — 4 p.m. in the meeting room of the Coun- i ty Library in its Mechanic Street building. The topics that will be studied are: The forms of Business Organization (in- j corporation, partnerships, I family businesses); Business Records; Finan- i cial Factors; Sources of Capital; Marketing; Advertising and Promotional Plans: Legal Considerations, Regulations. Taxes and Insurance. Due to the limitations of space and the need to have a sufficient supply of brochures, pre-registration is required. Forms may be picked up at the library or any of its branches. For further information call 465-7111 or'757-5183. October will bring three additional small business courses to the library, which will be announced.

Specialist Added To Hospital Staff

COURT HOUSE - Richard A. Michner, M.D., a specialist in Obstetrics and Gynecology, has been welcomed to the staff of Burdette Tomlin Memorial Hospital. Dr. Michner, who recently relocated his practice from Philadelphia to Cape May County, has a varied background of professional experience. Dr. Michner received his Bachelor of Arts degree from the University of California, Berkeley, ana received his M.D. from the Universidad de Guadalajara, Mexico.

* RICHARD A. MICHNER. M.D.

DR. MICHNER served his internship at Morristown Memorial Hospital in Morristown, N.J. His residency in obstetrics and gynecology was served at Roosevelt Hospital, an affiliate of Columbia University, in New York City. At Mercy Catholic Medical Center in Darby, Penn., he taught obstetrics and gynecology and also ran a clinic service. Dr. Michner is a member of the American Medical Association, American Fertility Society, Philadelphia Obstetrical Society, American Association of Gynecological Laparoscopists and the International Corresppndence Society of Obstetricians and Gynecologists. He is currently serving as physician for the New Jersey Health Department Family Planning Clinic at Crest Haven. Dr. Michner's new offices are located at 212 North Main St. here and 22Hftoosevelt Blvd. Marmora. ! Dr. Michnqr and his wife, Connie, a registered nurse, reside in Marmora ( with their three children one aged six and twins, two.

Behind Every Good Dentist^^k You'll Find A Great Dental Assistant. CAPE MAY COUNTY VOCATIONAL SCHOOLS I Adult Opportunities Featuring Day Classes in: •Dental Office Assistant LATE REGISTRATIONS ACCEPTED I FINANCIAL AID ! PLACEMENT SERVICES AVAILABLE * I PHONE ENROLLMENT OFFICE ■

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465-2161 For Iota-motion On Course Offerings

an equal oftortvnm educational school district

Kona Opens Own Office VILLAS — Opening of her real estate office, Kona Realty, Licensed Real Estate Broker, at 1521 Bayshore Rd., has been announced by Lillian K. Kona, president. Lillian Kona is the former Lillian McKeen of Riverside, and moved to Villas in 1969. She formerly was employed by Cammarano Realty as broker salesperson. She also was employed by First Eastern Realty, Villas Branch, for 12 years as sales associatesales director, k

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